EIA: International Energy Outlook 2019

Have you seen the new International Energy Outlook released by the United States' Energy Information Administration? These analytics provide "an assessment by the U.S. Energy Information Administration of the outlook for international energy markets through 2050." (EIA, 2019)

A few main points from the EIA include:

• Manufacturing centers are shifting toward Africa and South Asia, especially India, resulting in energy consumption growth

• Natural gas and petroleum product consumption is rising in Asia faster than supply is growing, potentially shifting trade patterns and infrastructure investments

• End-use consumption is increasingly shifting toward electricity

• Falling costs, demand growth, and policy all work together to shift the electricity generation mix

Using this key information, power industry experts can increase their knowledge and continue to build a safer and more reliable grid.

Oct. 18 2019 update - EIA has identified an issue with the factors we used to convert data measured by energy content (British thermal units) to volumetric measurements (barrels) in the International Energy Outlook 2019 oil supply tables. As a result, we have removed the relevant tables and analysis, and we are investigating the issue. Once we resolve the issue and correct any errors, we will republish the updated content. Please contact the International Energy Outlook team (InternationalEnergyOutlook@eia.gov) with any questions.

Lazen Power Engineering's greatest ability lies in delivering reliable and innovative infrastructure solutions to our clients’ challenges and needs. Our services we provide are transmission line engineering, distribution line engineering, distribution fire hardening, PLS-CADD™ hardening and reliability, construction management, and drone inspections. Our collaborative team includes engineers and business professionals who all share our vision of providing innovative solutions to our clients. Lazen Power Engineering is headquartered in Orlando, FL.